Unfortunately, we are living in the period of crisis. And in the period of crisis all countries face restrictions of competition. When “Transaero” withdraws from the market because the company failed financial management, obviously the air transportation market is being monopolized. How many other companies have collapsed over recent years?

In the Kremlin, Vladimir Putin chaired a State Council meeting on priority areas of activity of the Russian regions to promote competition in the country. Head of the Republic of Udmurtia Alexander Brechalov, Head of the Federal Anti-Monopoly Service Igor Artemyev, Minister of Economic Development Maxim Oreshkin and Governor of the Ulyanovsk Region Sergei Morozov presented the main reports. The meeting participants discussed the measures needed to achieve the goals set forth in the Presidential Executive Order No. 618 of December 21, 2017 on State Competition Policy Guidelines.

News & Events

FAS EXPLAINS

The antimonopoly body published answers to the most popular questions regarding control over foreign investments on its web-site

FAS keeps receiving questions from individuals and organizations about control over foreign investments.

The most frequent questions in Q1 2018 included:

- “Preliminary” procedure of approving transaction when a Russian citizen voluntarily left the company, as a result of which a foreign national gained the right to dispose of more the 50% of the total votes

- Obligation of a custodian bank to get consent for acquiring over 50% voting shares of a foreign company, which, in its turn, owns 100% voting shares of an economic entity of strategic importance

- Establishing indirect control transferring shares to “trust”.

Answers to these and other questions prepared by the Department for Control over Foreign Investments can be found in the Q&A section under the “Control over foreign investments” category.

If you are going to reproduce, reprint or republish any information from this site: a hyperlink on the original page is required.
The web-site is registered as a mass medium.
Registration certificate Эл № ФС77-24394 of May 15, 2006